The 14th salary for retirees and pensioners is an annual allowance created for the years 2020 and 2021. However, it will be granted to retirees and pensioners included in the General Regime of Brazil.
Policyholders and pensioners were eagerly awaiting this approval, and finally the Finance Chamber passed the bill on November 24th. Therefore, the next step will be an analysis that will take place in the Constitution, Justice and Citizenship Commission. Soon after this last revision, the project will have final approval.
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This bill (4367/20) brings with it the determination of payments that should occur in the months of March 2022 and March 2023. However, these payments will refer to the years 2020 and 2021. These were years in which people suffered a lot from the consequences of this pandemic moment that the country is going through.
It should be noted that the bill that was approved was authored by deputy Pompeo de Mattos (PDT) and its rapporteur was deputy Fábio Mitidieri (PSD).
Brazilian tax legislation determines that when public policies are implemented, other compensation measures must be presented so that financial balance is maintained. Thus, some measures were suggested. Are they:
Check below who will be entitled to receive this allowance.
Finally, it is worth noting that the national economy will have a huge impact budgeted at BRL 40 billion (2020) and BRL 42 billion (2021).
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